Ram Ratna Wires Limited

Ram Ratna Wires Limited

540.35
INR
-20.20
(-3.60%)
13.69EPS
29.95P/E
37.98BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
79.39
84.91
82.77
88.77
126.19
159.33
162.74
172.14
259.35
299.91
319.43
393.28
552.69
647.95
Basic EPS, GAAP
0.79
1.12
1.09
2.51
3.09
1.78
1.64
1.69
5.93
5.1
6.02
7.53
11.48
13.59
Free Cash Flow per Basic Share
0.91
-0.11
1.12
-1.17
-5.88
-5.07
5.35
-4.5
14.97
4.47
2.45
-1.68
-28.31
- -
Dividend per Share
- -
- -
0.53
- -
0.38
0.38
0.38
0.13
0.25
1.25
2.36
1.18
1.25
- -
Book Value per Share
6.76
7.56
9.94
14.24
18.97
20.86
20.32
22.76
30.84
35.41
48.43
54.87
62.08
- -
Tangible Book Value per Share
6.76
7.55
9.94
14.24
18.74
20.61
20.1
22.56
30.51
35.02
48.23
52.04
59.4
- -
Basic Weighted Avg Shares
88
88
88
88
88
88
88
88
88
88
93
93
93
93
Sales/Revenue/Turnover
6,986
7,472
7,284
7,811
11,105
14,021
14,321
15,148
22,823
26,392
29,761
36,650
51,558
60,475
Operating Margin (%)
3.33
3.77
3.78
5.8
5.23
3.66
3.06
3.05
4.04
3.41
3.37
3.69
4.47
4.43
Depreciation Expense
53
65
76
83
109
164
185
176
177
185
197
221
379
424
Net Income, GAAP
69
99
96
220
272
156
144
149
522
449
561
702
1,071
1,268
Effective Tax Rate (%)
35.86
34.85
34.9
34.3
36.04
35.29
12.61
25.66
25.35
27.03
26.83
27.74
29.01
27.64
Profit Margin (%)
0.99
1.32
1.32
2.82
2.45
1.12
1.01
0.98
2.29
1.7
1.88
1.91
2.08
2.1
Working Capital
206
285
279
443
357
585
691
1,206
1,862
2,036
2,457
1,144
1,621
- -
LT Debt
120
137
116
293
637
744
741
1,060
1,129
968
1,136
1,910
2,836
- -
Total Equity
595
665
875
1,253
1,731
1,900
1,854
2,088
2,820
3,258
4,307
4,877
5,849
- -
Return on Invested Capital (%)
4.06
5.71
5.03
9.23
10.59
7.13
7.51
6.31
12.36
11.57
11.67
13.33
15.42
- -
Return on Capital (%)
8.03
10.8
8.92
11.98
10.69
7.32
7.97
6.29
12.56
11.7
13.65
14.79
15.94
- -
Return on Common Equity (%)
12.16
15.67
12.48
20.72
18.6
8.92
7.97
7.86
22.13
15.4
15.2
15.43
20.14
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
3,917
- -
LT Borrowings
- -
2,653
- -
LT Finance Leases
- -
182
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
28,728
26,987
37,984

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,520
- -
Cash, Cash Equivalents & STI
- -
105
- -
Accounts Receivable, Net
- -
6,406
- -
Inventories
- -
4,861
- -
Total Current Liabilities
- -
10,899
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,917
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.72%
23.19%
19.93%
Free Cash Flow
67.02%
175.2%
1,589.05%
Net Income, GAAP
44.45%
67.77%
52.6%
Sales/Revenue/Turnover
22.65%
28.58%
40.68%
Total Cash Common Dividend
- -
111.19%
5.97%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,915
9,398
8,887
9,567
36,650
2026
9,825
11,634
12,779
17,529
51,558
2027
18,533
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.78
1.88
1.94
1.93
7.53
2026
1.66
2.28
3.35
4.18
11.48
2027
3.77
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.18
2026
- -
- -
- -
- -
1.25
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mahendrakumar Kabra
Full Time Employees
2,042
Sector
Producer manufacturing
Industry
Electrical products
Address
Ram Ratna House Mumbai MH India 400 013
IPO Date
Nov 24, 1994
Business
Ram Ratna Wires Limited manufactures and supplies winding wires, primarily enameled copper wires and strips, for the electrical equipment industry; its core products include super enamelled copper winding wires and strips, paper covered round and rectangular conductors, fibre glass covered rectangular conductors, super enamelled aluminium wires, and submersible winding wires, with a range spanning from the thinnest 18 microns (0.018mm) to 4.876mm; these products serve applications in motors, transformers, generators, transmission and distribution equipment, automobiles, capital goods, consumer electricals, batteries, and coils. The company, founded in 1992 and headquartered in Mumbai, India, at Ram Ratna House, Victoria Mill Compound, Worli, operates manufacturing facilities in Silvassa and Bhiwadi, Rajasthan; it is the second-largest winding wire manufacturer in South Asia and exports to international markets while primarily serving India, with key customers including Schneider Electric, Siemens Limited, CG Power, C&S Electric Limited, and Havells India Limited; subsidiaries and associates encompass Global Copper Pvt Ltd for copper pipes and tubes, Epavo Electricals Pvt Ltd for brushless motors, and a recent 60% controlling stake in Tefabo Product Private Limited for fabricated components and assemblies. Recent developments include the November 2024 acquisition of a 60% stake in Tefabo Product Private Limited, targeting renewable energy and railways sectors with precision fabrication, structural fabrication, and power resistors; November 2025 approval under Rajasthan Investment Promotion Scheme (RIPS-2024) for its Bhiwadi plant with Eligible Fixed Capital Investment of Rs 186.77 crore, focusing on copper tube expansion for the air conditioning industry; approvals under the Production Linked Incentive (PLI) scheme for white goods and entry into new business lines; a loan agreement with Tefabo for Rs 100 million; and an additional 4% stake acquisition in Tefabo, alongside expansions in copper tube manufacturing capacity.